Skip to content

Let's keep in touch

Subscribe to our newsletter for timely insights and actionable tips on your real estate journey.

By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions
Followed Discussions Followed Categories Followed People Followed Locations
Starting Out
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

User Stats

12
Posts
2
Votes
Christopher Powers
  • Yorktown Heights, NY
2
Votes |
12
Posts

My family members aren't very supportive

Christopher Powers
  • Yorktown Heights, NY
Posted
Every time my family talks to me about my ideas of investing in real estate they say I'm too young, I need more time to make some money, or I'm too inexperienced to buy a multi family house and landlord. I have read multiple books and talked to a few people that own properties. But if I bring up a 203k loan or something of that nature they just say that i'll regret it because I'm having someone else use my money (or the bank's) to fix up a house. They have strict ideas that contractors do the minimum just to get by inspections. My father and I are union electricians and he wants to help me but just nods when my mother gives me a hard time about my ideas. It sucks to have very little support at home because this is something I've wanted to do for 2+ years now and I feel like I can now because I have steady employment to help secure a loan. Can anyone help me/give me ideas to get my parents on board?

Most Popular Reply

User Stats

7,695
Posts
7,862
Votes
Caleb Heimsoth
  • Rental Property Investor
  • Durham, NC
7,862
Votes |
7,695
Posts
Caleb Heimsoth
  • Rental Property Investor
  • Durham, NC
Replied

Well how old are you? I'm in my early 20s and have decided not to tell my parents about my RE investing until I'm several years in, because I know they'd say not to do it

Loading replies...